New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-10-14
lcAJyST COINAGE OF SILVER DOLLARS
ACTION OF THE BANKERS CoNvENTIoN-OFF1cERs
ELECTED.
fBY TELEGRAPH TO THE TRrBUSH.t

ELECTED
fBY TELEGRAPH TO THE TRTBUNHt
PrrspURG Oct l3-The Bankers Convention ended
TODAY and the rest of their stay Pittsburs viii be
devoted to excursions to the natural gas ana OIL ueius
and visits the manufacturers There was one session
to-day at which, general reader the most Interest
ing paper OF the entire series was presented IL was Oh
the subject OF Labor and Capital and was prepared ny
Elliot +. Sheppard, OF NewYork He Was not present.
and the paper was read by Mr. Nelson OF Alabama Mr.
Sheppard calls attention TO the fact that the neoers OIL
labor organizations turn the Sabbath day into one
OF hard work. through attendance at msssrneetings
Mr. Sheppard contendei that II the worknsman ~ouiu
avoid these meetings he could add two hours 10 MS d
toll for six days without loss of vgorand reap Increased
wages which his better work on those days wond ear
for him. Mr. Sheppard showed that to recover the css
OF earnings by weeks strike. the workingman must
secure an advance of 90 por cent In wages
for the entire year. No strike has ever
been known to do this. Henry George
and Dr. McGlynn warned that poverty can 10 no
more abolished than wealth No better place than fls
burg because OF Its immense working population coula
he selected for the reading OF such paper kindly
tone peryaded 1t all through and in an entertaining
manner 1t showed the inseparaby OF capital and labor
The subject of bank examiners was brought promi-
ncntly before the convention In papers by H. d. wilson,
of Ironton, Ohio and II. W. Knox. OF ST. Paul The ONO
banker recalled the fact that one examiner while inves
tigatng the affairs OF prominent Ohio bank counted
the same money twice to make the cash balance Mr.
Knox attributed the existence OF inefficient bank exam
liners to part politics Congressman Bcrah WiKh' OF
Ohio remarked that there eIanincfS VINO no no,
know the difference between certificate OF deposit anu
New-York draft Congressman WILKINS yestoiu hsS
advocated reduction Of the tariff to the lowest
ront and to day Judge Ewing Introduced resolution
that the convention consider rednooh oil 'ho
For time to-day the proceedings were cnlivenen ny
the debate on John Jay KnOxs resolution referring 10
the reuudng OF the National debt Judge Ewing VP-
posed the postponement OF the payment OF ho uo. o
six years and was literally appIandeu Inc lcon nd
was tahle unde "a
time the belief that 1t had mol been properly s ,h
Mr. Nelson. OF Alabama, SAID the Ua , |
convention enough to XII the RESOLUTION oci 10
Concress and Mr. Sneed, OF Kentucky. was opposed 70
asking anythin. from body that lAd uniformly I Gu
the bankers The discussion was hnany ermiia'cu -
| the withdrawal OF the resolution
The following officers we're chosen: -,
President Logan G. Murray. or New'lork uISt Nlce
president Charles Parsons II Lous nnor,,
| New-York; Lyman j. Gage. Chicago; Daniel AMMAN
| Cumberland, Md: James II. Bouvc. boston; ~
| 7 " Lockwood Richmond. Va Augustus II Moss
| Sandusky Ohio VI ". Michael. Philadelphia. rem ;
| W A. Nash. New-York: j. j. Odel Chicago; W II
Ehawn Philadcphia IIoel H. Camp. Milwaukee; Logan
II Roots. Little Rock. Ark; j: T. smith baItinote M
X. snead Henderson. ny: W r. echmeTts w Il
Edmund Tyler. Boston. A. W. "ymah olhaia' W =
81. John. New-Iork 49,, ,, 49,,
offered earlier In the session and whdrswh was asHu
presented The committee said: " The BahSers Asso
citation has al ways taken the ground hdt ootn a,,Ns
gold are required the money OF the world Dut thA'
ONLY International agreement on tho uaTt "' n'
jority chief commercial nations of the world can
practically settle question OF the relative V"ue oi
rold and silver when coined. Though several inter
national conferences have been held no con
clusion hao as yet been reached
The report the artion taken by Foreign oWrrs
and concludes dltlou that inc COIN
axe OF silver dollars the United states under We ACT
Of Congress OF February 1873 he suspended unu Ino
points at issue Of the silver question be sel'eu ny
national agreement The report as presented was
aCOpted.